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Economy
RBA raises interest rates for third straight meeting
Mortgage holders are set to be cumulatively worse off by hundreds of dollars a month in interest payments since February after another Reserve Bank rate hike.
News
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Economy
What’s known so far about the federal budget
Jim Chalmers is putting the finishing touches on his fifth federal budget, with some of the measures starting to be revealed.
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Economy
Customers resilient, but war still weighs heavily – bank
The head of Australia’s second-largest bank has warned the federal government the nation needs to be better prepared for future events, as the war continues.
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Practice
Best in show: Bell rings up another win
From a humble start to a thriving business, a Central Western NSW conveyancer is now at the top of their game.
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Economy
Budget is a time to clean Australia’s house mess
Australia’s current housing crisis has been four decades in the marking, says Federal minister Clare O’Neil. And the “madness” of development red tape is at the root of the issue.
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Economy
Home values cool as consumer ‘off the cliff’
The fall in consumer confidence around the country is affecting home values. Sydney and Melbourne are the hardest hit.
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Economy
Borrowers back to square one as likely rate hike looms
Housing cost growth is set to pick up steam in the coming months as the Middle East conflict drags on, adding to the Reserve Bank’s inflation concerns.
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Economy
Budget won’t be war between generations: treasurer
Jim Chalmers has played down suggestions possible changes to negative gearing or capital gains tax would be breaking promises with the electorate.
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Property
War pummels national home build target hopes
As the scale and uncertainty of the Middle East conflict escalates, so too does the anxiety around Australian housing crisis. The war has forced the sector to lower its expectations around the country new home building targets.
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Economy
‘Most responsible’: Labor pledge for high-stakes budget
Labor will unveil net savings for the second consecutive budget as it faces claims it is planning a “tax assault on family” through investment changes.
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Property
Thousands of homes in multibillion-dollar plan
Tens of thousands of new homes are expected to be built in one state under a $2 billion government investment that promises to give young buyers a leg up.
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Economy
‘We’ll tackle immediate homes needs’ – PM
The upcoming federal budget is widely tipped to pare back incentives for property investors as the prime minister promises to tackle intergenerational inequity.
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Economy
Close call tipped as Reserve Bank mulls third rate hike
Traders and economists expect the central bank to raise interest rates for a third straight meeting, but high uncertainty could result in another split decision.
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Economy
Fiscal restraint to define federal budget as costs rise
Health, defence and welfare commitments are among fiscal pressures weighing on the federal budget as Treasurer Jim Chalmers vows to put a lid on spending.
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Economy
Stratospheric dreams of a new city coming back to earth
A premier has warned breathless developers to keep their heads out of the clouds as one of Australia’s biggest cities marches relentlessly into the bush.
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Economy
PM rubbishes budget tax talk as home prices slow
Sydney’s home price premium over Brisbane and Perth continues to narrow as values retreat in Australia’s two largest cities.
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Economy
Big four bank: clients have savings buffers
One of the nation’s big four banks has lifted its interim earnings while warning that the impact on customers from the Middle East conflict is still to be felt.
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Economy
Hopes of wartime windfall shot down for federal budget
The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.
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Economy
Treasurer downplays property tax windfall from budget
Jim Chalmers is talking down the amount of extra revenue that changes to negative gearing, and the capital gains tax discount will add to the budget.
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Economy
Chalmers proposes to deliver a ‘very responsible Budget’
Middle East conflict has left Australians ‘paying the price’ but treasurer warns of more pain to come.
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Property
Affordability continue to slide – report
Council delivers six key priorities to improve housing reform including increased investment in social housing.